Grasim Industries Limited announced that its Stakeholders’ Relationship Committee of the Board of Directors approved the allotment of Non-Convertible Debentures (NCDs) via a circular resolution passed on 6th June 2025.

• The company allotted 1,00,000 - 6.56% Fully Paid, Unsecured, Listed, Rated, Redeemable, Rupee Denominated, Non-Convertible Debentures (6.56% GIL 2030, Series I).
• Each debenture has a face value of ₹ 1,00,000/-, aggregating to a total of ₹ 1,000 crore, on a private placement basis.
• These NCDs have received a "AAA (STABLE)" rating from both ICRA and CRISIL.
• The debentures are proposed to be listed on the Wholesale Debt Market segment of BSE Limited.
• The tenure of the instrument is 5 years from the date of allotment, with the redemption/maturity date set for 6th June 2030.
• The coupon rate is 6.56%, with coupon payments scheduled annually.
• In case of a delay in payment of interest or principal amount for more than three months from the due date, an additional interest of 2% p.a. will be charged over the agreed coupon/interest, calculated from the due date until the payment is made.
• The debentures will be redeemed at par at the end of the 5-year period.